The dollar chain is bucking the retail trend and expanding rapidly in the United States. It plans to open 975 new stores in 2019 and remodel 1,000. It offers prices that are 20-40% lower than grocery and drug stores, capitalizing on a growing trend toward more cost-conscious shopping. Here’s how Dollar General keeps its prices so low .
Is Dollar General thriving or failing?
And while more stores had been shuttered by August of this year than in all of 2018, Dollar General ( NYSE: DG) is managing to thrive . The budget retailer has reported 29 consecutive years of same-store growth, with same-store sales increasing 4.0% in the second quarter of this year.
A frequent query we ran across in our research was “What is the strategy of Dollar General?”.
Dollar General’s strategy since the early 2000s was to go where Walmart wasn’t . The majority of its stores in the US are located in rural and suburban areas, which cost less to run due to lower rent and labor expenses.
Why did Dollar General raise their prices?
Rising shipping costs, supply chain shortages, and wage hikes are making the cost of goods such as food and household items more expensive. Some retailers are raising prices for customers to offset this trend. Dollar General says it hasn’t and doesn’t plan to drive up prices .
Another frequently asked question is “Why is Dollar General expanding its private truck fleet?”.
In an earnings call earlier this year, CFO John Garratt said that the company plans to expand its private truck fleet to reduce its exposure to third-party carrier price fluctuations . Around 75% of its stores are in towns of 20,000 or fewer people. Dollar General’s strategy since the early 2000s was to go where Walmart wasn’t.
Dollar general pay rate?
The average Dollar General salary ranges from approximately $17,213 per year for Lead Project Manager to $148,398 per year for Director of Transportation. Average Dollar General hourly pay ranges from approximately $8.09 per hour for Cashier/Stocker to $20.38 per hour for Warehouse Associate.
Average Dollar General hourly pay ranges from approximately $8.09 per hour for Cashier/Stocker to $20.38 per hour for Warehouse Associate. Salary information comes from 23,407 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
Lead sales associates’ average hourly wage is $10.25 an hour. This amounts to $21,320 a year . The salary can start at $8 an hour and go up to $17.50 an hour. Be aware of the huge responsibility you can have with this position.
When dollar general close?
The Dollar General store operates across all the states from 8 am till 9 pm. Generally, the stores close by 9 pm because the staff needs time to clean and stock the shelves for the next day. The store ideally closes at 10 pm. The stores are operated for more than 12-13 hours a day.
“Closed indefinitely because Dollar General doesn’t pay a living wage or treat their employees with respect,” one sign on the door read. “Google ‘general strike’ and learn how we can take our power back,” a second one said.
Dollar General Hours Of Operation The Dollar General store operates across all the states from 8 am till 9 pm. Generally, the stores close by 9 pm because the staff needs time to clean and stock the shelves for the next day. The store ideally closes at 10 pm.
A sign posted above the Dollar General location on Salem Avenue near Denlinger Road indicates the store will be closing soon , however employees at the store said a closing date hasn’t been set. A Dollar General spokesperson told News Center 7 Tuesday the store plans to close in late March.
The Dollar General stores are generally closed on Easter Sunday and Christmas Day. These both being the major festivals celebrated in America. The stores have given equal opportunity of celebration to their employees, and thus on both these important festivals, the stores are kept closed.